Meta denies rumors that Mark Zuckerberg is on the verge of resignation

Senior Meta officials quickly denied the rumor that has been circulating online of the possible resignation of Meta’s long-standing CEO Mark Zuckerberg. These rumors seem plausible that they started from a specific source that was shared around Twitter.

It came from a newsagent called The Leak which branded itself as making insider knowledge public and open source.

Within the Tweet post, they stated that, “Information obtained by The Leak suggests that Zuckerberg has decided to step down himself. The decision, per our insider source, “will not affect metaverse”—Mark’s multi-billion dollar project, which has dragged Meta along with it as the company saw a significant profit decline earlier this year.”

Despite the rumors, given the state of the company and what it has been through, it makes total sense to persons who have been following Meta why Mr. Zuckerberg would step down.

If these rumors are indeed true, Meta itself would need to be rebuilt from the ground up with a CEO who has fresh ideas and can take the company to the other level and compete with rivals such as TikTok and others who are not known yet.

In a world that is ever changing, especially within the tech space, they have to make a huge change before the end of this decade or the Meta we now know it as will become looked at with the same veneer as IBM, an old company who is just getting on by but still has a lot of potential.